For Sale · Industrial

2924 CARP ROAD, Ottawa

2924 CARP ROAD, Ottawa, ON K0A1L0

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

85%

Clear height

27 ft

Loading docks

6

About this property

Plan ahead and secure your brand new industrial space now! Unit sizes vary and range from 3,500 SF, 5,000 SF, and up to 12,000 SF. The construction project will be led by Argue Construction, an award winning company, and design of the new site will mimic its sister building located at 2900 Carp Road. Tenants will have an opportunity to consult with the developer either before or during construction for the purpose of incorporating building specifications and/or operational requirements. Zoned Rural Industrial and Logistics Zone 1 (RIL1[275r]-h), this site can accommodate various users such as light industrial, research and development, showroom, workshop, training centre, and warehouse space. Units shall be equipped with 22' ceiling height, 600 amp 3 phase power supply, handicap accessible washroom, large windows throughout, parking onsite and with grade level loading. Asking rent is $20/SF/YR (net) + $9/SF/YR (estimated additional rent) + utilities. Inquire now for this opportunity to design build your future commercial space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

45,867

Households

17,599

Median income

$68,000

Median age

36.9

Daytime population

46,092

5-yr growth

8.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2924 CARP ROAD, Ottawa.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.